Average Bookkeeping, Accounting, and Auditing Clerks Salary in Akron, OH
In Akron, OH, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $49,390. This figure is slightly below the national average of $51,940, a difference often influenced by regional economic factors and the specific demand within the local market. Understanding these localized pay scales is crucial for financial professionals seeking opportunities in the area.
Executive Summary
- Average Salary: $49,390 per year.
- Growth Trend: Salaries have shifted 21.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,750.
- Outlook: Akron supports a substantial workforce of 2,840 individuals in bookkeeping, accounting, and auditing roles. With a Location Quotient of 0.94, the concentration of these jobs in Akron is nearly on par with the national average, suggesting a stable and consistent demand for these essential financial services professionals within the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Akron, OH earns-4.9%below the national average.
$23.8
$950
$4,116
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Akron's bookkeeping and accounting sector is not provided, it is reasonable to assume a general trend of salary growth mirroring national patterns over the past four years. Economic shifts and inflation typically drive incremental increases in compensation for skilled administrative roles, reflecting the evolving value of these positions.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Akron, OH
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Akron, as elsewhere, is typically marked by increasing salary levels. Entry-level positions may start at the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting a significant earning potential increase with seniority.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $34,530 | $16.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,043 | $17.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,590 | $22.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $61,738 | $29.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $65,750 | $31.6 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$49,390
Gross Pay
Real Wage (Purchasing Power)
$49,390
Adjusted for COL (100)
The average annual salary of $49,390 in Akron aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the nominal income earned by clerks in Akron holds its purchasing power comparably to the national standard, offering a stable financial foundation for residents.
Job Market Context
2,840
Total Jobs
8.88
Per 1K Jobs
0.94
Location Quotient
Akron, OH has 0.94x the national average concentration of Bookkeeping, Accounting, and Auditing Clerks jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.94 indicates that Akron has a job market for Bookkeeping, Accounting, and Auditing Clerks that is very close to the national average in terms of concentration. This suggests a balanced market where opportunities exist without being overwhelmingly saturated, providing a competitive yet accessible environment for professionals.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Canton-Massillon, OH Bookkeeping, Accounting, and Auditing Clerks Salary | $45,280↓ 8% | 20 mi |
| Cleveland, OH Bookkeeping, Accounting, and Auditing Clerks Salary | $50,090↑ 1% | 29 mi |
| Youngstown-Warren, OH Bookkeeping, Accounting, and Auditing Clerks Salary | $45,780↓ 7% | 46 mi |
| Mansfield, OH Bookkeeping, Accounting, and Auditing Clerks Salary | $45,790↓ 7% | 57 mi |
| Sandusky, OH Bookkeeping, Accounting, and Auditing Clerks Salary | $47,220↓ 4% | 66 mi |
Comparing salaries near Akron, OH
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Akron, OH?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Akron, OH is $49,390. This typically ranges from $34,530 for entry-level positions to $65,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Akron, OH is 4.9% lower than the national median of $51,940.
Is Akron, OH a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, it offers a stable earning potential.The average salary of $49,390 is competitive with the national average when considering the cost of living. The stable job market concentration suggests consistent demand for these roles.
Is Akron, OH a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Akron, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Akron, OH?
Some top paying nearby cities include Canton-Massillon, OH ($45,280) and Cleveland, OH.
How does Akron's salary for this role compare to the national average?
The average annual salary in Akron is $49,390, which is slightly lower than the national average of $51,940.
What is the concentration of bookkeeping jobs in Akron?
Akron has a Location Quotient of 0.94 for Bookkeeping, Accounting, and Auditing Clerks, indicating a concentration very close to the national average.
How does the cost of living in Akron affect the salary?
Akron's Cost of Living Index is 100, matching the national average. This means the $49,390 salary has purchasing power equivalent to the national standard.
What is the total number of bookkeeping and accounting clerks in Akron?
There are approximately 2,840 Bookkeeping, Accounting, and Auditing Clerks employed in the Akron, OH area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,840 employees in the Akron, OH area with a job density of 8.88 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in Akron, OH